One Equity Partners acquires VASS Consultoria de Sistemas
One Equity Partners (OEP), a middle market private equity firm, has completed the acquisition of VASS Consultoría de Sistemas (VASS), a European provider of digital transformation, cloud infrastructure and managed IT solutions. Financial terms of the transaction have not been disclosed. Headquartered in Madrid, Spain, VASS is focused on digitally transforming its customers’ value chain […]
M&A Bankers Clock Busiest-Ever Holiday Season in Final Deal Rush
Almost 2,500 transactions announced in final two weeks of 2020. Late rush caps off blockbuster second half for deals this year. Christmas was canceled for dealmakers after a record-breaking final burst of M&A activity at the end of the year. A total of 2,496 transactions were announced globally in the final two weeks of 2020, […]
Sorrell enters post-Brexit era with S4 takeovers worth £150m
S4 Capital will announce the takeovers of Decoded and Metric Theory on Monday, Sky News understands. The marketing services tycoon Sir Martin Sorrell will this week swoop to make two US additions worth more than $200m (£146m) to his digital advertising empire. Sky News understands that S4 Capital – founded by Sir Martin in the […]
Perella Weinberg SPAC Achieves What an IPO Couldn’t
This deal looks just as much a strategic bet on SPACs as a business opportunity for the investment banking boutique Perella Weinberg Partners has told the IPO market where to go. The investment banking boutique’s merger with a blank-check company has achieved something an initial public offering wouldn’t. The firm, founded in 2006, has been […]
Daisy Group’s cloud unit valued at £1bn after Inflexion agrees deal
Private equity company to buy minority stake in DWS unit Private equity company Inflexion has agreed to acquire a minority stake in the cloud computing unit of Daisy Group in a deal that values the business at more than £1bn. The investment will pre-empt a potential float of Digital Wholesale Solutions, or DWS, in the […]
Santander rules itself out of race to buy TSB
TSB was put up for sale in November by its Spanish owner, Banco Sabadell Santander has ruled itself out of the race to acquire TSB after the British bank was put up for sale in November. Speculation was mounting that Santander would throw its hat in the ring as the Spanish bank sought to acquire […]
David Montgomery buys JPI newspapers
Mirror Group veteran builds media group with titles including The Scotsman and Yorkshire Post. Newspaper veteran David Montgomery has agreed to buy The Scotsman, Yorkshire Post and other JPI Media titles for £10.2m, ending a drawn-out sales process of the UK’s third-largest local newspaper group. National World, Mr Montgomery’s takeover vehicle, on Thursday said the […]
Why 2021 will be a bumper year for M&A
The end of the pandemic is likely to see fashion and luxury M&A opportunities. The big focus: brands that tap younger consumers. After months of quiet and stalled deals, 2020 closed in a flurry of M&A (mergers and acquisitions) activity, setting a pace that is likely to continue in 2021. That’s the view of analysts […]
Fewer companies caught the deal bug in the year of the pandemic
Global mergers and acquisitions (M&A) activity fell to a three-year low in 2020, as companies grappled with the financial fallout of the COVID-19 pandemic, even as dealmaking came roaring back in the second half. The value of M&A globally dropped 5% year-on-year to $3.6 trillion, the lowest since 2017, according to a preliminary tally from […]
Tech, cross-border activities set to drive Asia M&A next year
Coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia Pacific next year, bankers and lawyers predict, with the potential easing of Sino-U.S. tensions likely to revive Chinese outbound investment. Deals involving Asia Pacific firms totalled $1.2 trillion in 2020, up 12% from 2019. Seven of the year’s 10 largest transactions […]
